Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.03 | 0.65% |
| Return on Equity (%) | ▼ | 8.36% | -0.11 | 8.47% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.02 | 4.00% |
| Efficiency Ratio (%) | ▲ | 82.85% | -3.75 | 86.59% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.28% | -0.02 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $191 | +9.71 | $181 |
| Gross Loans ($M) | ▲ | $127 | +6.67 | $121 |
| Loan Growth YoY (%) | ▼ | 71.85% | -0.60 | 72.45% |
| Total Deposits ($M) | ▲ | $174 | +11.02 | $163 |
| Shareholders Equity ($M) | ▲ | $15 | +1.67 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.67 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.85 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 71.85% | -0.60 | 72.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.16% | +1.86 | 0.30% |
| Allowance / Loans (%) | — | 1.60% | -0.31% | 1.91% |
| Net Charge-Off Ratio (%) | ▼ | 2.95% | +2.86 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.74% | -0.12 | 12.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▇█▄ | Net Interest Margin (%) | 3.94% | 3.94% | 4.00% | 4.00% | 4.00% | 4.06% | 4.09% | 4.01% |
| ▁▁▁▇████ | Return on Assets (%) | 0.49% | 0.46% | 0.49% | 0.65% | 0.68% | 0.69% | 0.69% | 0.67% |
| ▂▃▂█▅▃▂▁ | Efficiency Ratio (%) | 83.5% | 83.9% | 83.4% | 86.6% | 85.0% | 83.9% | 83.6% | 82.8% |
| ▅██▁▇▆▄▁ | Cost of Funds (%) | 1.40% | 1.48% | 1.46% | 1.30% | 1.44% | 1.41% | 1.37% | 1.28% |
| ▂▂▂▁▁▁▁█ | NPA / Assets (%) | 0.65% | 0.63% | 0.64% | 0.30% | 0.29% | 0.34% | 0.31% | 2.16% |
| ▃▃▃▁▁▁▁█ | Net Charge-Off Ratio (%) | 1.00% | 0.96% | 0.89% | 0.09% | 0.09% | 0.17% | 0.17% | 2.95% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $12 | $13 | $13 | $14 | $14 | $15 | $15 | $15 |
| ▁▂▇▅▇███ | Gross Loans ($M) | $110 | $114 | $123 | $121 | $124 | $127 | $127 | $127 |
| ▁▃▁▅▆█▇█ | Total Deposits ($M) | $151 | $157 | $154 | $163 | $169 | $175 | $172 | $174 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 7% |